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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

MBRSC, e& enterprise ink MoU

MoU will be mutually beneficial to both organizations.
  • The MoU will enable e& enterprise to leverage MBRSC's expertise in AI.
  • MBRSC will benefit from e& enterprise’s resources and capabilities.

Google launches Bard, the ChatGPT rival in US and UK

Bard, ChatGPT and other similar artificial intelligence apps churn out essays, poems or computing code on command and have taken...
  • Google CEO Sundar Pichai told staff that after testing Bard with 80,000 Google employees, the chatbot would be tested with the public in US and Britain
  • People wishing to play with Bard can sign up on a waiting list at bard.google.com website, distinctly separate from the tech giant's search engine

As AI shakes up world, media industry may not be immune to changes

French journalists Jean Rognetta and Maurice de Rambuteau published a newsletter called "Qant" written and illustrated using AI tools. The...
  • The technology news site CNET quietly deployed an AI program last year to write some of its listicles later announced job cuts that included editorial staff
  • Mike Wooldridge of Oxford University reckons ChatGPT, for example, is more like a "glorified word processor" and journalists should not be worried

Unity crucial for Arabs on global media platforms

He calls for the creation of clear and common executive mechanisms to crystallize the Arab countries' position and examine the...
  • Saudi Arabia calls for a unified Arab position on international media platforms to address the dissemination of content that lacks respect for Arab societies' values
  • Saudi Media Minister Al-Dosary emphasizes the significance of media in promoting cooperation, dialogue, tolerance, and respect for diverse values and cultures

Fusion energy will be game-changing viable energy source

Private sector partners can leverage the scientific work done in public laboratories to develop the technology needed for fusion power...
  • Private sector partners can leverage the scientific work done in public laboratories to develop the technology needed for fusion power plant applications, says top US physicist
  • The recent discovery in inertial confinement fusion marks a significant milestone in the development of fusion energy as a viable energy source, highlights Kimberly Budil

In troubled Libya, young robotics fans see hope in hi-tech

Libya has seen more than a decade of stop-start conflict since a 2011 NATO-backed revolt toppled strongman Moamer Kadhafi, with...
  • The robotic competition is aimed at preparing the workers of the future and make the country aware of the importance of technology and innovation, event coordinator said
  • The event, funded by an international school and private sponsors, had been envisaged since 2018 but repeatedly delayed because of unrest and then the Covid pandemic

UAE issues license for electric vertical takeoff and landing aircraft

DUBAI, UAE - The UAE Regulations Lab has issued a license for an electric cargo aircraft to promote eco-friendly transportation...
  • The license aims at reducing carbon emissions by encouraging the adoption of clean energy and leveraging technology.
  • It also aims at using innovation to redefine the logistics sector's future and its impact on the environment and climate.

etisalat by e& announces first 5G satellite communications in UAE

ABU DHABI, UAE - etisalat by e& announced on Saturday the implementation of the Eutelsat Quantum satellite solution, becoming the...
  • etisalat became the first telecommunications company in UAE to expand 5G network capabilities over a software-defined satellite.
  • This deployment was a result of rigorous testing with customers for over a year to rapidly scale up the 5G mobile network deployment.

Meta confirms it is working on potential Twitter rival

SAN FRANCISCO, US - Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in...
  • Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs.
  • Several advertisers have left the platform over the alleged lack of content moderation in recent times.

ChatGPT could increase phishing and cybercrime risk, warns British firm

London, United Kingdom - British cyber security firm Darktrace on Wednesday warned that artificial intelligence bot ChatGPT may have increased the...
  • Microsoft-backed start-up OpenAI in November launched Content creation bot ChatGPT.
  • ChatGPT had "ignited a conversation about the implications of generative AI for cyber security," the firm said.

Cryptocurrency Ether witnesses meteoric rise since launch

NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...

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NCSC seeks to regulate Jordan’s cybersecurity market

AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...

Canada print media to get two-thirds of Google’s payment to news outlets

The agreement between Canada and Google is part of the Online News Act, which aims to support a struggling Canadian...

Israeli attack killed journalist in Gaza: Al Jazeera

The Qatari network had first reported that cameraman Samer Abu Daqqa and Gaza bureau chief Wael Al-Dahdouh were wounded in...

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EU seeks critical details from Apple and Google on digital safety

Brussels, Belgium - The EU demanded on Thursday that Apple and Google provide more details on how they identified risks concerning...
  • The European Commission said it wanted "more information on how" Apple and Google "have diligently identified any systemic risks concerning the App Store and Google Play"
  • It also wants the companies to demonstrate that they have complied with rules on digital marketplaces and transparency about adverts in order to protect users online.

MBC IPO retail subscription begins

MBC Group runs a group of TV and radio channels.
  • The subscription process for the retail tranche of MBC Group will run for five days until December 18.
  • The Capital Market Authority approved, on November 21, the company's request to float 33.25 million shares in an IPO.

Chinese mourners use AI to digitally resurrect the dead

Several companies specialising in so-called "ghost bots" have emerged in the United States in recent years. But the industry is...
  • Some Chinese firms claim to have created thousands of "digital people" from as little as 30 seconds of audiovisual material of the deceased
  • They range from those who have died to living parents unable to spend time with their children and -- controversially -- a heartbroken woman's ex-boyfriend